1 - Faccebook stock exchange

Collect the scattered elements of the net for the valuation of its IPO.- Facebook has been created there 8 years.- A valuation of the social network between 75 and 100 billion $.- Founder Marc Zuckerberg of Facebook has the vocation to prospective investors:"We do not develop a service to make money,we make money to provide better service. "- A request for waiver of payment of 5 billion $ for its IPO.In 2004, Google had raised $ 1.9 billion for a valuation of 23 billion $.- 850 million users.- A user would be valued between $ 118 and 88.Note that a user is not a subscriber where omportance volatility.- Financial indicators of Facebook for 2011:a) Revenue of $ 3.71 billion, 85% by advertising.Facebook captures 28% of the online advertising market.b) Earnings of $ 1 billion, up 65% compared to 2010.c) One user reported in 2011 averaged $ 1.18.After reading this information, we find a user generates $ 1.18 of earnings and values ​​between 88 and $ 118.This discrepancy can be explained by a bet on the future.Facebook to conquer China and its 500 million Internet users.In June 2010, users numbered 500 million and increased to 850 million.Issues that may arise each investor:How many users at end 2012/2013/2014 without changing the economic model?What is or will be the degree of user loyalty?What will Facebook's profitability, while operating costs are $ 114 million in 2011, they accelerate progress, that the turnover.If betting on the future, there is a chance to change business model, so diversification of income sources (games, music, online movies)With a valuation of $ 100 billion, what is the expected RIO shareholdersknowing that Mr. Mark Zuckerberg owns 24% and 30% of its employees.To keep this level of value, he said that the turnover is expected to grow 29% annually.To be continued .......